🏡 Property Details – ERF 301, Otjiwarongo
 
📍 Address: 4 Rus Road, Otjiwarongo
📐 Erf Size: 3,417 m²
🏛️ Municipality: Otjiwarongo, Otjozondjupa Region
 
✨ Key Features
 
🏠 Main Dwelling (±97.5 m²)
🛋️ Lounge & Dining Room
🍳 Kitchen with built-in cupboards
🛏️ 3 Bedrooms with built-in cupboards (cupboards need repairs)
🛁 Main bedroom with en-suite bathroom (geyser missing)
🚿 Separate bathroom
🚗 Single garage
 
🏘️ Outbuilding (±56 m²)
🛋️ Open-plan kitchen & lounge area
🛏️ 1 Bedroom
🚿 1 Bathroom
 
🔧 Condition of Property
⚠️ Requires major painting and repairs
💧 Evidence of water damage to ceilings due to a non-functional water cooler
 
🏗️ Additional Improvements
🚧 Boundary fencing
📏 Large erf with potential for sub-division – ideal for development
 
💰 Valuation Details
Municipal Valuation:
Site Value: N$ 1,298,460
Improvements: N$ 495,430
Appraised Market Value:
Site Value: N$ 1,298,460
Improvements: N$ 768,687.50
Total Value: N$ 2,067,147
 
🌟 Why This Property?
✅ Prime location – close to Medi-Clinic Otjiwarongo
✅ Generous erf size – ideal for investors seeking subdivision or redevelopment
✅ Great value potential with renovations